Foster Comments On Latest Manufacturing Sales And Exports Figures

Provisional figures released for 2012/13 show that total manufacturing sales (domestic and external) increased by 1.9% (ยฃ308million) over the year to ยฃ16.9billion in current prices.

External sales (to areas outside Northern Ireland) rose by 3.2% (ยฃ415million) to ยฃ13.3billion. This included increased sales to Great Britain of 6.2% (ยฃ477million) to ยฃ8.1billion, to the ROI by 5.3% (to ยฃ1.3billion) and increased sales to the Rest of the World of 2.0% (to ยฃ2.6billion).dn_screen

Commenting on the figures Arlene Foster said:xa0โ€œThe latest provisional headline results showing a 3.2% increase in manufacturing sales to customers outside Northern Ireland are encouraging. By this measure we have exceeded the level of the previously recorded peak in external sales activity seen last year. Much of this has been driven by sales to Great Britain, which have reached a record high.

โ€œExports to the Republic of Ireland also increased over the year and this remains our single largest export market. The value of export sales to the rest of the world have also increased over the period.โ€

The Minister continued:xa0โ€œLocal businesses must capitalise on new sources of investment from around the world. The Executive remains committed to ensuring our local companies are given the best possible opportunity to enter and succeed in international markets.

โ€œThe ongoing business mission to Japan by the First Minister and deputy First Ministerxa0is a further important opportunity for Northern Ireland to build its trade and investment relationships with one of the worldโ€™s largest economies.โ€

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